BUSINESS

Revenue of the mobile money (MoMo) arm of telecommunication market leader – MTN – reached GH¢899million, a 9 percent growth on year-on-year growth in the first half of the year, its unaudited interim report has shown. The figure, however, pales in comparison to the 50.9 percent YoY growth recorded a …

Yofi Grant, the Chief Executive Officer, of Ghana Investment Promotion Centre (GIPC), has stated that despite Ghana’s inflation rising, the economy is growing. According to him, the country’s economic growth and outlook continue to be positive. He stressed that the fundamentals of Ghana’s economy are resilient and strong and not …

Dr. Owusu Afriyie Akoto, Minister of Food and Agriculture, is blaming the high cost of food items on the market on profiteering. According to him, food products are in abundance but their retail prices remain high over and above the financial capacity of the ordinary consumers. Speaking on the August 3 …

A five-year ban on the construction of Liquefied Petroleum Gas (LPG) stations has been lifted by Cabinet at its 35th sitting held on Wednesday, August 3, 2022. The move comes on the back of the ongoing strike by Tanker Drivers and LPG Marketing Companies over some concerns. In a letter …

Steve Hanke, a professor of applied economics at Johns Hopkins University in the United States, has for some time now been monitoring Ghana’s economic growth and putting a spotlight on it. In his latest #EconWatch diaries on his verified Twitter timeline, the academic stated that, since 2021, Ghana has lost …

Petroleum tanker drivers’ are expected to start a sit-down strike from Monday, 1st August 2022 to protest poor working conditions and some decisions by the regulator, NPA, which are affecting them. The tanker drivers’ unions, comprising Gas Tanker Drivers Union, Ghana National Petroleum Tanker Drivers Union, GOIL Tanker Drivers Union …

Ghana may still be finding its teeth in technological innovations, but in its recent digitalization drive, Ghana has proved to be ahead of many developed countries in a number of digital innovations. One of them is Motor Insurance Database, where Ghana has proved to be a step ahead of Britain, …

The Minister for Communication and Digitalisation, Mrs. Ursula Owusu-Ekuful, has announced that the deadline for the SIM card re-registration has been extended to September 30, 2022. Addressing the media on Sunday the government appointee said she “reluctantly” extended the exercise which was scheduled to end on July 31, 2022. The …

Searching for a secured house in Accra and Ghana at large has become one of the problems faced by majority of residents in the capital. The quest for a place to lay the head has resulted in many unsuspecting people being fleeced by some rent agents in the capital. In …

The Minister of Transport, Kwaku Ofori Asiamah, has declared the Sunyani Airport a ‘fit for purpose’ facility after concluding his last inspection tour at the facility on Tuesday, July 19, 2022 with a team of experts from the Ghana Airports Company (GAC), Ghana Civil Aviation Authority (GCAA) and Ghana Air Force. …